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Is there any justifiable explanation for this hiring strategy? "Keep us from working for others" seems like flawed reasoning. If they went to work for others, t

Is there any justifiable explanation for this hiring strategy? "Keep us from working for others" seems like flawed reasoning. If they went to work for others, then wage pressure should drop, but by hoarding developers on fake projects wage pressure increases. A strategy that raises median wages doesn't seem like it would come from a FAANG.

bunnyswipe_com 4y ago
They can borrow hundreds of billions, they don't care.
_dain_ 4y ago
>Is there any justifiable explanation for this hiring strategy? yes. but you can only obliquely hint at it.
HDThoreaun 4y ago
She was a recruiter that started right when meta instituted a hiring freeze. Then they were too slow to lay recruiting people off.
- shagie 4y ago
  The hiring freeze was in September (Meta Will Freeze Most Hiring, Zuckerberg Tells Employees - https://www.nytimes.com/2022/09/29/technology/meta-hiring-freeze.html?unlocked_article_code=Mnqhz6Ce4ykhLyvhe4aeRSv5OO20UvVNTJa6V7ioXH8ph4xAX2EvtvQ_0evh_U4OtRRsxR_X62nXwiQYRCqMDl2cfdtZ3N-pdGAXkHcQsAvBj8ls8KGAcXLbHIZWg2D_qE6eC0XPEo_1FbHvVU4nqb_p46hZhJOXLanjcrpTD2oNtbxw-Z2WIjZ_5dGYaqwfdEzfocY5AIkMU8ygCOzpDSD5lUMTHg3tqcel4GBxpz5yAT5EJPe6NLIHmTw8414j3yf3pMXhDu9MuM5qncB7Uph67A4xhQHk2-BdEIek8geKSaHFfoZLIgftdH5zLRxqxn0M1SZUMlCbWZwjRrRs&smid=url-share https://www.nytimes.com/2022/09/29/technology/meta-hiring-fr... ) She was hired in April ( https://wapo.st/3lmVr6w https://wapo.st/3lmVr6w ) with promises that it would be fully funded for the entire duration of the 12 months (appears to be the standard for a recruiter).
Clubber 4y ago
Before the NCAA started limiting scholarships in 1973, teams could stock up on workhorses -- Bear Bryant's Alabama teams would bring in blue-chippers by the shipload, not so his Tide could use them, so other schools couldn't. It's been done before. If Google hired the guys who made ChatGPT and put them on production support or anything, they wouldn't be scared for their existence right now. In tech, it only takes a handful of people to put you out of business in a few years, and you'd never see it coming. The corpses of once great tech companies are many: MySpace, Yahoo, Sun, etc. I would argue the tech giants aren't so much afraid of each other, but upstarts out of nowhere that makes their business obsolete.
oh_sigh 4y ago
It doesn't make much sense. A more likely explanation is just that Facebook wants self directed people, and doesn't have much of a system in place for people who need to be hand held.
- shagie 4y ago
  Different article with more background: https://wapo.st/3lmVr6w https://wapo.st/3lmVr6w > Brit Levy, 35, was eager to join Meta’s paid training program for aspiring human resources managers last year because she wanted to gain a foothold in the recruiting field and help other military families find jobs in the lucrative tech sector. > Levy, who is Mexican American, agreed to start the 12-month gig in April after she checked with Meta that her position would be secure for the duration of the program despite the company’s financial challenges. She was told that the program, which aimed to improve the pipeline of recruiters who focus on diversity, was fully funded for the year. > About six months later, Meta laid off Levy and most of the other participants in her program, along with 13 percent of its full-time workers, amid falling revenue growth from a sluggish economy and more competition in the social media market. --- This is a training program - Meta should expect that it will require some mentoring. She was hired in April. This isn't a "just hired before the hiring freeze". Recruiters are frequently on a 12 month contract. This appears to be industry standard (I've seen it when looking at jobs at other companies too - a quick search shows https://careers.ey.com/ey/job/Toronto-Recruiter-12-Month-Contract-ON-M5H-0B3/901432101/ https://careers.ey.com/ey/job/Toronto-Recruiter-12-Month-Con... https://jobs.smartrecruiters.com/NielsenIQ/743999750237276-recruiter-12-month-contract https://jobs.smartrecruiters.com/NielsenIQ/743999750237276-r... https://careers.edrington.com/job/New-York-Contract-Recruiter-12-Months-NY-10010/903433401/ https://careers.edrington.com/job/New-York-Contract-Recruite... ) The contract would have been finished in 4 months. Ending it early when it was said to be fully funded means the original statement was bald faced lie. This isn't a "she was the only one laid off" - but rather "most of the other participants in her program."
tourgen 4y ago
[flagged]

bunnyswipe_com 4y ago

They can borrow hundreds of billions, they don't care.

_dain_ 4y ago

>Is there any justifiable explanation for this hiring strategy? yes. but you can only obliquely hint at it.

HDThoreaun 4y ago

She was a recruiter that started right when meta instituted a hiring freeze. Then they were too slow to lay recruiting people off.

shagie 4y ago
The hiring freeze was in September (Meta Will Freeze Most Hiring, Zuckerberg Tells Employees - https://www.nytimes.com/2022/09/29/technology/meta-hiring-freeze.html?unlocked_article_code=Mnqhz6Ce4ykhLyvhe4aeRSv5OO20UvVNTJa6V7ioXH8ph4xAX2EvtvQ_0evh_U4OtRRsxR_X62nXwiQYRCqMDl2cfdtZ3N-pdGAXkHcQsAvBj8ls8KGAcXLbHIZWg2D_qE6eC0XPEo_1FbHvVU4nqb_p46hZhJOXLanjcrpTD2oNtbxw-Z2WIjZ_5dGYaqwfdEzfocY5AIkMU8ygCOzpDSD5lUMTHg3tqcel4GBxpz5yAT5EJPe6NLIHmTw8414j3yf3pMXhDu9MuM5qncB7Uph67A4xhQHk2-BdEIek8geKSaHFfoZLIgftdH5zLRxqxn0M1SZUMlCbWZwjRrRs&smid=url-share https://www.nytimes.com/2022/09/29/technology/meta-hiring-fr... ) She was hired in April ( https://wapo.st/3lmVr6w https://wapo.st/3lmVr6w ) with promises that it would be fully funded for the entire duration of the 12 months (appears to be the standard for a recruiter).

Clubber 4y ago

Before the NCAA started limiting scholarships in 1973, teams could stock up on workhorses -- Bear Bryant's Alabama teams would bring in blue-chippers by the shipload, not so his Tide could use them, so other schools couldn't. It's been done before. If Google hired the guys who made ChatGPT and put them on production support or anything, they wouldn't be scared for their existence right now. In tech, it only takes a handful of people to put you out of business in a few years, and you'd never see it coming. The corpses of once great tech companies are many: MySpace, Yahoo, Sun, etc. I would argue the tech giants aren't so much afraid of each other, but upstarts out of nowhere that makes their business obsolete.

oh_sigh 4y ago

It doesn't make much sense. A more likely explanation is just that Facebook wants self directed people, and doesn't have much of a system in place for people who need to be hand held.

shagie 4y ago
Different article with more background: https://wapo.st/3lmVr6w https://wapo.st/3lmVr6w > Brit Levy, 35, was eager to join Meta’s paid training program for aspiring human resources managers last year because she wanted to gain a foothold in the recruiting field and help other military families find jobs in the lucrative tech sector. > Levy, who is Mexican American, agreed to start the 12-month gig in April after she checked with Meta that her position would be secure for the duration of the program despite the company’s financial challenges. She was told that the program, which aimed to improve the pipeline of recruiters who focus on diversity, was fully funded for the year. > About six months later, Meta laid off Levy and most of the other participants in her program, along with 13 percent of its full-time workers, amid falling revenue growth from a sluggish economy and more competition in the social media market. --- This is a training program - Meta should expect that it will require some mentoring. She was hired in April. This isn't a "just hired before the hiring freeze". Recruiters are frequently on a 12 month contract. This appears to be industry standard (I've seen it when looking at jobs at other companies too - a quick search shows https://careers.ey.com/ey/job/Toronto-Recruiter-12-Month-Contract-ON-M5H-0B3/901432101/ https://careers.ey.com/ey/job/Toronto-Recruiter-12-Month-Con... https://jobs.smartrecruiters.com/NielsenIQ/743999750237276-recruiter-12-month-contract https://jobs.smartrecruiters.com/NielsenIQ/743999750237276-r... https://careers.edrington.com/job/New-York-Contract-Recruiter-12-Months-NY-10010/903433401/ https://careers.edrington.com/job/New-York-Contract-Recruite... ) The contract would have been finished in 4 months. Ending it early when it was said to be fully funded means the original statement was bald faced lie. This isn't a "she was the only one laid off" - but rather "most of the other participants in her program."

tourgen 4y ago

[flagged]